Which of the Following Events Will Make the Consumption Function

question 282

Multiple Choice

Which of the following events will make the consumption function steeper?

• A) an increase in real GDP
• B) an increase in disposable income
• C) an increase in the marginal propensity to consume
• D) an increase in unplanned inventory investment

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Definitions:

Less Connected

Describes situations, individuals, or communities with limited access to networks, including social, digital, or infrastructural connections.

Anomie

A state or condition of society characterized by a breakdown or absence of social norms and values, often leading to social instability and disintegration.

Online Support Groups

Virtual forums where individuals can connect, share experiences, and offer mutual assistance for dealing with specific issues or challenges.

Electronic Media

Media that use electronics or electromechanical energy for the end user (audience) to access the content, such as television, radio, and internet-based media.